Now the price of BTC is around 3871 USD per coin, considering that the price already hit the benchmark of 5000USD this year, this might be actually a good entry point.
Its getting more down the price now is 3500$ per bitcoin. Waiting for 1000$ i think it will drop more.
And i think this year month of December bitcoin goes up again the will go up 5000- 7000$.
I don't think it:s going to hit that low though. There will be support and people who are thinking of the same thing, that this will be a good entry point, would buy more btcs making the recovery imminent soon. Probably by the weekend we'll btc bounce back.
Agree... analyze of tripled transactions on Exchanges showing more buyers are ready to enter in Crypto...
They just waiting to psychologically comfort prices... current "dip" is occasion for them to enter market...
And this is promising that market "recover" soon
Who is selling, this is most interesting question to understand market himself...